Kenyan Shilling


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Kenyan Shilling

The currency of Kenya. It was introduced in 1966, replacing the first East African shilling.
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References in periodicals archive ?
The Kenyan shilling firmed by 1.4 per cent against the US dollar as at the end of 2018 a stronger position compared to a similar period in 2017.
The FTSE NSE Kenyan Shilling Government Bond Index is designed to provide investors with an accurate metric to measure the performance of Kenyan sovereign debt.
class="MsoNormalGovernor Mandago commended Central Bank for putting in place a monetary policy which has stabilized the Kenyan shilling.
The Kenyan shilling has eased in value after the central bank injected liquidity.
The launch of the FTSE NSE Kenyan Shilling Government Bond Index further reinforces FTSE's position as Africa's index provider and showcases FTSE's commitment to providing innovative and pioneering solutions for the African investment community.
The Kenyan shilling firmed to trade off its all-time low of 87.85 against the dollar on Wednesday, helped by profit-taking by banks taking advantage of prevailing rates.
Sterling's strength against the Kenyan shilling means holidaymakers will get about 7% more for their money there than last October.
Appreciation of Kenyan shilling against the dollar leaves expatriates worse-off because it means less money for them after conversion to the local unit.
There have only been the dollar and Kenyan shilling payment options in the past, limiting international travellers' choices.
Kenya has been seeing frequent falls in the Kenyan shilling exchange rate, and the bank has resorted to repos to stabilise it.
The Kenyan shilling fell to its all time low of 87.85 against the dollar on Tuesday and has depreciated 8.31 percent the year to date majorly on heavy dollar demand from oil importers to pay higher oil prices amid political unrest in north African and the Middle East.